F. Duane Ackerman

AAA

DEFINITION of 'F. Duane Ackerman'

The former CEO of BellSouth from 1997 to 2006 and chairman from 1998 to 2006. F. Duane Ackerman led the company through the deregulation of the telephone industry, helped it expand its international presence and oversaw its 2006 merger with AT&T.

INVESTOPEDIA EXPLAINS 'F. Duane Ackerman'

Ackerman joined the company in the customer service department in 1964. Born in Florida in 1942, he earned his MBA from the Massachusetts Institute of Technology. Ackerman has also served as a member of the board for Allstate, the United Parcel Service and Home Depot.


Atlanta-based BellSouth became a part of AT&T after a merger in late 2006 and stopped doing business as BellSouth in mid 2007. It was one of the "Baby Bells" formed after the 1984 breakup of AT&T forced by the U.S. Justice Department's antitrust lawsuit.

RELATED TERMS
  1. Chairman

    An executive elected by a company's board of directors that is ...
  2. C-Suite

    A widely-used slang term used to collectively refer to a corporation's ...
  3. Antitrust

    The antitrust laws apply to virtually all industries and to every ...
  4. Baby Bells

    A common nickname given to the U.S. regional telephone companies ...
  5. Chief Financial Officer - CFO

    The senior manager responsible for overseeing the financial activities ...
  6. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
RELATED FAQS
  1. What is an antitrust law?

    Antitrust laws - also referred to as "competition laws" - are statutes developed by the U.S. Government to protect consumers ... Read Full Answer >>
  2. What is a baby bell?

    In 1982, AT&T agreed to settle the Justice Department's anti-trust action by breaking itself into seven Regional Bell ... Read Full Answer >>
  3. Why was Microsoft subject to antitrust charges in 1998?

    On May 18, 1998, the Department of Justice filed antitrust charges against Microsoft (Nasdaq:MSFT ). The charges were brought ... Read Full Answer >>
  4. What are the main objectives of cost accounting?

    Cost accounting is distinct and separate from general financial accounting, which is regulated by generally accepted accounting ... Read Full Answer >>
  5. How can investors influence the c-suite?

    Investors in publicly traded firms can influence C-suite executives by exercising voting rights or engaging in investor activism. ... Read Full Answer >>
  6. What does a merger or acquisition mean for the target company's employees?

    Suppose one sporting goods manufacturer merges with or acquires another sporting goods manufacturer. Before the merger and ... Read Full Answer >>
Related Articles
  1. Personal Finance

    A History Of U.S. Monopolies

    These monoliths helped develop the economy and infrastructure at the expense of competition.
  2. Personal Finance

    Antitrust Defined

    Check out the history and reasons behind antitrust laws, as well as the arguments over them.
  3. Entrepreneurship

    The Story Behind Shake Shack's Success

    A humble Madison Square Park hot dog stand grew to become a gourmet casual food powerhouse in a classic American success story.
  4. Entrepreneurship

    How Americans Can Apply For European MBA Programs

    Studying for an MBA in Europe is a great idea for Americans looking for a career boost.
  5. Entrepreneurship

    The Top 5 YouTube Millionaires

    Enterprising content creators have been able to use YouTube to rake in millions each year.
  6. Entrepreneurship

    How Many Startups Fail And Why?

    Why do so many businesses fail? And for that matter, how many of them actually do fail?
  7. Entrepreneurship

    10 Most Successful Women Entrepreneurs of the Decade

    Women entrepreneurs have been able to withstand economic and business pressures to rise to the top in a number of industries from pharma to fashion.
  8. Fundamental Analysis

    Explaining Enterprise Multiple

    The enterprise multiple is a ratio used to value a company as if it was going to be acquired.
  9. Entrepreneurship

    Serial Entrepreneurs Venture And Venture Again

    Serial entrepreneurs start up a venture, sell it, and start another one, and they often benefit from their previous experiences.
  10. Chart Advisor

    3 Basic Material Stocks Poised For A Pop

    After large market swings such as the one seen on March 30, 2015, it is not surprising to see traders become more tolerant towards taking on risk.

You May Also Like

Hot Definitions
  1. Fixed-Income Arbitrage

    An investment strategy that attempts to profit from arbitrage opportunities in interest rate securities. When using a fixed-income ...
  2. Venture-Capital-Backed IPO

    The selling to the public of shares in a company that has previously been funded primarily by private investors. The alternative ...
  3. Merger Arbitrage

    A hedge fund strategy in which the stocks of two merging companies are simultaneously bought and sold to create a riskless ...
  4. Market Failure

    An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers ...
  5. Unsystematic Risk

    Company or industry specific risk that is inherent in each investment. The amount of unsystematic risk can be reduced through ...
  6. Security Market Line - SML

    A line that graphs the systematic, or market, risk versus return of the whole market at a certain time and shows all risky ...
Trading Center